Botswana urged to adapt knowledge economy

Friday, November 03, 2017

Botswana has been urged to reinvent its systems to adapt to the knowledge economy. The knowledge economy, which commonly makes up a large share of all economic activity in developed countries, is described as a system of consumption and production that is based on intellectual capital.

This week, at the ‘Open Data Open Science’ national forum held in Gaborone, principal researcher and country managing partner at Joint Minds Consult (JMC), Patrick Molutsi said knowledge is a key commodity and a defining source of wealth in a knowledge economy and society.

He said less developed economies are characterised by lower levels of utilisation of information to produce knowledge and intellectual property to drive their development.

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Botswana urged to adapt knowledge economy

Botswana has been urged to reinvent its systems to adapt to the knowledge economy. The knowledge economy, which commonly makes up a large share of all economic activity in developed countries, is described as a system of consumption and production that is based on intellectual capital.

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Inspect the voters' roll!